9.949,01 TRY BIST 100 BIST 100
4,86 CNY CNY CNY
35,26 USD USD USD
36,74 EUR EUR EUR
0,13 CNY CNY/EUR CNY/EUR
41,08 TRY Faiz Faiz
73,25 USD Petrol(brent) Petrol(brent)
29,87 USD Gümüş(ons) Gümüş(ons)
4,12 USD Bakır(lb) Bakır(lb)
101,01 USD (CME) 62% Fe (CME) 62% Fe
355,00 USD Gemi Söküm Gemi Söküm
2.633,98 TRY Altın(gr) Altın(gr)

Metal casting production hits record high

According to the report published by the Turkish Foundry Industrialists' Association (TÜDOKSAN), the metal casting sector hits record high in metal production by growing by 4.9% in 2022 and increasing its production to 3.1 million tons.

Metal casting production hits record high

Despite the difficulties experienced during the initial period of the pandemic, the Turkish metal casting industry has shown remarkable resilience and adaptability. The industry continued to maintain its innovative approach and invest in new technologies to maximize efficiency and productivity.

2022 was a year of accelerated investment and production, despite the negative impact of recessionary pricing and cross-currency, along with global developments, and Turkey's record exports of metal castings continued. Exports from the metal casting industry increased by 9 percent y-o-y to €6.4 billion, with export volumes rising to 2.2 million tons.

The total value of production increased by 41% y-o-y to €8.5 billion.

Automotive and machinery manufacturing sectors led the way

The tendency of main European automotive manufacturers to source products from nearby geographies and the redirection of orders to Turkey played a major role in this area. Total vehicle production in the European region increased by 7.1% y-o-y on the back of reduced supply chain pressure and growth in the last two quarters. Domestic automotive production increased by 6% y-o-y to 1,352,648 units in 2022. Together with tractor production, total production reached 1 million 402 thousand 189 units.

Investments continue

The capacity utilization rate of the Turkish metal casting industry in 2022 was 72%, down by 2% y-o-y. This decline was attributed to the orders for over 30 new production lines on the ferrous casting side and over 100 new production cells on the non-ferrous casting side in Turkey in the last two years, and the high capacity increases experienced as these lines started to be commissioned. For the last 3 years, the Turkish metal casting sector has been investing in a significant amount of machinery to meet the increasing demand for castings abroad and orders for finished components/spare parts, and to comply with the new quality limits.

According to data from the Machinery Exporters' Association (MAIB), Turkey's machinery manufacturing industry's exports in 2022 increased by 9.6% compared to the previous year to $25.3 billion when free zones are included. In 2022, global machinery and equipment investments increased by 5.2% and machinery industry production increased by 4%. The growth in machinery and equipment investments was as high as 13% in Turkey, and the momentum in machinery production continues with the effect of additional supply demand.

Turkey's total exports increased by 12.9 percent in 2022 compared to the previous year, reaching 254 billion 172 million dollars, while imports increased by 34 percent to 363 billion 711 million dollars. In 2022, the main driving forces of the sector stood out as the automotive and machinery manufacturing sectors in both domestic and foreign trade.

Yorumlar

Henüz yorum yapılmadı

Bu içeriğe sadece +plus aboneler erişebilir.

Piyasalara dair düşüncelerinizi paylaşmak ve daha fazla yoruma ulaşmak için hemen ABONE OLUN!
ABONE OLUN Zaten bir hesabınız varsa Oturum Açın

En çok okunan haberler

Kardemir’in yeni ortağı, şirket paylarından 1,5 milyon lot hisse aldı

27 Aralık 2024 Cuma

ADMİB’in kasım ayı çelik ihracatı yüzde 50,8 artarak rekor kırdı

27 Aralık 2024 Cuma

Hasçelik, 180 milyon TL değerinde GES kuracak

27 Aralık 2024 Cuma

Borusan Boru’dan ABD’ye 68 milyon dolarlık yatırım

27 Aralık 2024 Cuma

POSCO, 15 yıldır dünyanın en rekabetçi çelik üreticisi olarak liderliğini sürdürüyor

27 Aralık 2024 Cuma
İzleme Listesi
Genişlet
İzleme listeniz boş

Favori emtialarınızı hızlı erişim için ekleyin ve son fiyat değişim haberlerini kaçırmayın.


Takip ettiğiniz haber kategorisi bulunmuyor
Bildirim Tercihlerini Düzenle
E-Bülten Aboneliği
En güncel haberleri ve günlük demir fiyatlarını e-posta ve sms olarak almak için kayıt olun.
Şimdi Plus Abonesi Olun!
3 gün ücretsiz deneyin!
Şimdi Abone Olun
Tarafsız Fiyatlar
Haberdar Olun
İl Demir Fiyatları
Yorumlar ve Analizler
Şimdi Abone Olun